Arkansas Code § 19-9-710 - Refunding Bonds

Notwithstanding any provisions of state law relating to the investment or reinvestment of surplus funds of any governmental unit or any more restrictive provisions of the law under authority of which the bonds are issued, the proceeds of taxable bonds issued to refund or advance refund a prior issue or issues of bonds may be invested in securities or obligations described in the ordinance or resolution providing for the issuance of such refunding bonds.

Section: Previous  19-9-702  19-9-703  19-9-704  19-9-705  19-9-706  19-9-707  19-9-708  19-9-709  19-9-710  

Last modified: November 15, 2016